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<p>[QUOTE=&quot;Clawcoins, post: 26204797, member: 77814&quot;]yup, I just read this article about it</p><p><a href="https://news.yahoo.com/finance/news/trumps-treasury-department-is-saying-so-long-to-the-penny-165709511.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://news.yahoo.com/finance/news/trumps-treasury-department-is-saying-so-long-to-the-penny-165709511.html" rel="nofollow">https://news.yahoo.com/finance/news/trumps-treasury-department-is-saying-so-long-to-the-penny-165709511.html</a></p><p><br /></p><p>excerpt:</p><p>The Treasury Department will begin phasing out the penny early next year, ending a run for a mainstay piece of American currency first produced by the federal government in the 1790s.</p><p><br /></p><p>This month, Treasury has made its final order of penny blanks — the material used to make pennies — and its coin producer at the US Mint will continue to manufacture pennies while an inventory of penny blanks exists.</p><p><br /></p><p>But production will cease after that inventory runs out, a decision first reported by the <a href="https://www.wsj.com/finance/penny-coin-mint-ending-2026-b1717de0?mod=hp_lead_pos3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.wsj.com/finance/penny-coin-mint-ending-2026-b1717de0?mod=hp_lead_pos3" rel="nofollow">Wall Street Journal</a>.</p><p><br /></p><p>... Americans are using cash far less often. Cash remained the third-most-used payment instrument, <a href="https://www.frbservices.org/binaries/content/assets/crsocms/news/research/2024-diary-of-consumer-payment-choice.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.frbservices.org/binaries/content/assets/crsocms/news/research/2024-diary-of-consumer-payment-choice.pdf" rel="nofollow">accounting for 16% of payments in 2023</a>, down two percentage points from 2022, according to the Federal Reserve.</p><p><br /></p><p>... Businesses will need to start rounding up or down to the nearest 5 cents, though non-cash transactions will continue to be priced at exact change.[/QUOTE]</p><p><br /></p>

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